Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026)
Mcgrath Rentcorp (MGRC) posted Interest Expenses of $7.11 million for Q2 2026, down 8.7% from $7.8 million a year earlier but up 9.4% from the prior quarter.
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Analysis
Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Mcgrath Rentcorp was $28.28 million, down 24.5% year-over-year; for FY2025, it was $30.62 million, down 35.2% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of 28.4% (FY2020 to FY2025).
- In prior years, Mcgrath Rentcorp's Interest Expenses was $47.24 million in FY2024 (+16.5%), $40.56 million in FY2023 (+231.6%), $12.23 million in FY2022 (+48.4%) and $8.24 million in FY2021 (-6.2%).
- Quarterly Interest Expenses has run from a low of $1.04 million in Q4 2021 to a high of $13.04 million in Q2 2024 over five years.
- On a year-over-year basis, Interest Expenses has declined in each of the last seven quarters, with an average decline of 22.4% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q2 2023, with growth of 309.9%; the weakest was Q4 2021, with a decline of 47.8%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $6.5 million (Q1 2026), $6.49 million (Q4 2025) and $8.18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.79 Bn | 65.55 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 63.72 Bn | 61.32 Bn | 1.98 Bn | - |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn | 800,000.00 |
| 4 | Ferguson Enterprises | 44.38 Bn | 41.59 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 32.28 Bn | 32.16 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.45 Bn | 20.49 Bn | 1.30 Bn | 18.20 Mn |
| 7 | Wesco International | 17.03 Bn | 14.34 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 12.67 Bn | 12.54 Bn | 411.22 Mn | - |
| 9 | Avantor | 11.71 Bn | 10.50 Bn | 537.00 Mn | 39.40 Mn |
| 10 | Mcgrath Rentcorp | 2.80 Bn | 2.79 Bn | 107.91 Mn | 7.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.11 Mn |
| Mar 31, 2026 | 6.50 Mn |
| Dec 31, 2025 | 6.49 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 8.16 Mn |
| Dec 31, 2024 | 8.86 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Sep 30, 2023 | 11.03 Mn |
| Jun 30, 2023 | 9.95 Mn |
| Mar 31, 2023 | 7.46 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Jun 30, 2022 | 2.43 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Dec 31, 2021 | 1.04 Mn |
| Sep 30, 2021 | 3.17 Mn |
API Access
Mcgrath Rentcorp Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "MGRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();